apologies, the 6m after the bell were at $16-685 not $16-74, a...

apologies, the 6m after the bell were at $16-685 not $16-74, a cool $100m.
someone with deep pockets!

By the way, I consider CO2 an essential gas for life, higher levels contribute to increased plant growth and greening of the planet and the contribution to "global warming" is a "modeller's wet dream".

I contrast, there are elements in renewable energy that can be commercially developed without subsidies. essentially a cost-benefit situation. They have been world leaders in fully automated railways and trucks. They can trial hydrogen fuel progressively in a fleet of trucks, static equipment, trains and ships. They will quickly sort out whether the concept is viable.

FMG are well placed to explore the potential of hydrogen from renewable energy. In PNG for example the focus is on hydro power.

Would you be selling out of FMG if they were investing $1bn in a lithium or gold mine? Would you sell $100m investment in FMG when iron ore is around $120 a tonne and the cash flow is so high (cost of production a little over $12 a tonne).?

Keep in mind FMG has a highly skilled workforce and their Eliwana and Iron Bridge are coming to fruition and the labour requirements will be reducing - how to redeploy them beneficially?

This is not about "climate change" but commercialisation of evolving technology.

Let's do it !

Kangaroo1